SEOUL -- Samsung Electronics has won a $16.5 billion deal to supply chips for Tesla by the end of 2033, ending its long struggle to win major customers in the contract chipmaking sector.
Competition intensifying in advanced contract chipmaking market
A Samsung Electronics chip production plant in Pyeongtaek, South Korea is seen in 2022. © Samsung Electronics/Reuters
SEOUL -- Samsung Electronics has won a $16.5 billion deal to supply chips for Tesla by the end of 2033, ending its long struggle to win major customers in the contract chipmaking sector.